Change Healthcare Acquires eRx Network
May 4, 2020
Change Healthcare has exercised its option and acquired 100% of eRx Network for $212.9 million plus cash, with eRx generating approximately $67 million of revenue for the twelve months ended February 29, 2020. The acquisition expands Change Healthcare's pharmacy-focused technology and data capabilities, enabling tighter integration of pharmacy interactions with claims, billing and payment data to drive improved outcomes and new product opportunities.
- Buyers
- Change Healthcare
- Targets
- eRx Network
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Optum Completes Combination with Change Healthcare
October 3, 2022
Healthcare Services
Optum, part of UnitedHealth Group, completed its combination with Change Healthcare. The combined businesses aim to connect and simplify core clinical, administrative, and payment processes for providers and payers to reduce friction and improve efficiency.
-
GoodRx Acquires vitaCare Prescription Services
April 14, 2022
Healthcare Services
GoodRx (Nasdaq: GDRX) completed its previously announced acquisition of vitaCare, a tech-enabled pharmacy services platform, for $150 million in cash plus up to $7 million in performance-contingent consideration. The deal expands GoodRx’s Pharma Manufacturer Solutions capabilities by strengthening support for brand medication access and patient adherence from prescribing through pharmacy refills.
-
OptimizeRx Acquires EvinceMed Specialty Drug Market Access Platform
March 15, 2022
Healthcare Services
OptimizeRx Corporation acquired the EvinceMed platform and related assets to integrate end-to-end automation for specialty pharmaceutical transactions into its point-of-care network. The purchase expands OptimizeRx’s capabilities for specialty drug prescribing, patient enrollment into manufacturer support programs, and point-of-dispense connectivity to improve patient access and accelerate time-to-therapy.
-
UnitedHealth Group Proposed Acquisition of Change Healthcare (DOJ Challenge)
October 1, 2021
Healthcare Services
UnitedHealth Group is proposing to acquire Change Healthcare, a deal that drew opposition from American Pharmacy Cooperative (APCI) in a letter to the U.S. Department of Justice. APCI argued the acquisition would harm competition and could lead to higher prescription drug prices and worse patient outcomes, citing increased prescription steering and data/privacy concerns related to Optum.
-
Change Healthcare Acquires PDX
June 1, 2020
Healthcare Services
Change Healthcare (Nasdaq: CHNG) has acquired PDX and its related businesses to expand its pharmacy technology, software and analytics capabilities. The deal brings PDX's pharmacy management, revenue cycle and clinical services platforms into Change Healthcare's portfolio to enable faster integrated development and cross-selling across pharmacies and health systems.
-
Express Scripts Acquires eviCore Healthcare for $3.6 Billion
December 15, 2017
Healthcare Services
Express Scripts Holding Company completed the acquisition of eviCore healthcare for $3.6 billion on Dec. 15, 2017. The deal combines Express Scripts' pharmacy benefit management platform with eviCore's evidence-based medical benefit management capabilities to expand clinical services, improve outcomes and reduce healthcare costs.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.